3Bear Energy LLC announced that it has entered into definitive agreements with an anchor shipper to develop, own and operate a gathering and processing system serving the Northern Delaware Basin in Lea and Eddy Counties in New Mexico. The 3Bear system will provide Permian producers with midstream solutions for their oil, gas and water production.
3Bear is constructing more than 100 miles of pipeline wellhead gathering including systems for oil, gas and water transportation, a central water treatment facility, crude terminal and a 60 MMcf/d cryogenic gas processing plant with treating capabilities. The 3Bear system is designed for expansion and will accommodate the rapid production growth Delaware Basin producers are experiencing. 3Bear expects the system to be operational in the first quarter of 2018.